Blackstone Buys Affordable Housing Portfolio Stake for $5.1B

GlobeSt.com, July 15, 2021–Erika Morphy
Blackstone Real Estate Income Trust is acquiring American International Group’s interest in a U.S. affordable housing portfolio for $5.1 billion in cash. This transaction, subject to customary closing conditions, is expected to close in fourth-quarter 2021.
https://www.globest.com/2021/07/15/blackstone-buys-affordable-housing-portfolio-stake-for-5-1b/?